![]() However, many experts are talking about how strong demand combined with limited supply of many things including labor are going to produce a spike in inflation that could span years." "The Federal Reserve thinks inflation will be transient. "Investors are all over the place on what to expect from inflationary pressures," said Anthony Denier, chief executive officer of trading platform Webull. The blue-chip Dow and the tech-heavy Nasdaq are about 1.5% and 3.0% from their respective all-time highs. The index is now just about 1% from its peak. The benchmark S&P 500 has recovered most of its losses following a more than 4% pullback in mid-May on fears over rising prices and a subsequent tightening of policy from the Federal Reserve. Investors are closely tracking the labor market's recovery after an unexpected slowdown in jobs growth in April fanned inflation worries.
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